BlackBerry M&A head Mackey says left company in February BlackBerry M&A head Mackey says left company in February:- Jim Mackey, BlackBerry Ltd's head of corporate development and strategy, left the technology company in mid-February, he said on Thursday, leaving a leadership gap as it transitions to software from smartphone hardware. "It is […]
Company News
Amazon deepens university ties in artificial intelligence race Amazon deepens university ties in artificial intelligence race:- Amazon.com Inc has launched a new program to help students build capabilities into its voice-controlled assistant Alexa, the company told Reuters, the latest move by a technology firm to nurture ideas and talent in […]
Spotify says it reaches 50 million paid subscribers Spotify says it reaches 50 million paid subscribers:- Spotify said on Thursday it has reached 50 million paid subscribers, growing 25 percent in less than six months and extending the Swedish music streaming service's lead over its closest rival, Apple Music. Spotify, […]
Tesla's SolarCity cut 20 percent of staff in 2016 Tesla's SolarCity cut 20 percent of staff in 2016:- SolarCity, which was acquired by Tesla Inc at the end of last year, slashed nearly 20 percent of its staff in 2016 as it sought to preserve cash amid slowing growth in […]
Tesla plunges another 5 percent on fears of Model 3 delays Tesla plunges another 5 percent on fears of Model 3 delays:- Shares of Tesla (TSLA.O) dropped on Monday after a downgrade by Goldman Sachs, bringing the electric carmaker's decline to 11 percent since its quarterly report last week stoked […]
Time Warner to sell TV station as it seeks AT&T merger OK Time Warner to sell TV station as it seeks AT&T merger OK:- Time Warner Inc (TWX.N) said on Thursday it plans to sell a broadcast station in Atlanta to Meredith Corp (MDP.N) for $70 million, which could help […]
Facebook in talks to live stream one MLB game per week Facebook in talks to live stream one MLB game per week:- Facebook Inc (FB.O) is in talks with Major League Baseball to live stream one game per week during the upcoming season, which could be a key win as […]
Toshiba seeking $8.8 billion for majority stake in chip unit Toshiba seeking $8.8 billion for majority stake in chip unit:- Toshiba Corp (6502.T) wants to raise at least 1 trillion yen ($8.8 billion) from the sale of a majority stake in its flash memory chip business as a buffer against […]
Verizon close to Yahoo deal, price cut of $250-350 million Verizon close to Yahoo deal, price cut of $250-350 million:- Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc's (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price […]
Boeing front-runner for $13.8 billion Singapore Airlines order Boeing front-runner for $13.8 billion Singapore Airlines order:- Boeing Co (BA.N) is the front-runner for a Singapore Airlines Ltd (SIAL.SI) order of at least 35 wide-body aircraft that could be valued at around $13.8 billion at list prices, Bloomberg reported. A decision […]
